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Ann: Update on Commercial Sales Pipeline and Announced Contracts, page-6

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    Carriers – new uncontracted partners
    Norwood is currently in discussions with several virtual mobile network operators in Australia and overseas that
    have recently have expressed interest in licensing Norwood’s suite of Apps to boost differentiation of the services that they are currently offering to their customer base. Norwood advises these discussions are currently
    at an early stage and will provide an update to the ASX immediately upon any contractual terms being finalised.

    What does Virtual Mobile Network Operators mean ?
 
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